Financial Adviser for Offshore Transmission Tender Round 11 (TR11)
Estimated value
£100k
Awarded value
£100k
Suppliers
1
Lots
1
Published
26 Feb 2024
Description
Ofgem requires support for the delivery of the OFTO tender and transaction process under Tender Round 11 (TR11). Support is required to provide technical advice on the bid evaluation process and advise on the transaction process (as necessary) once Ofgem has appointed the preferred bidder. The capabilities and skills required by the successful supplier will be an ability to: * Advise Ofgem on design, implementation and management of the tender process, ensuring necessary quality assurance measures are in place. * Provide advice and input to technical information contained in tender documentation. * Provide advice on technical aspects of bids including the evaluation of bids at EPQ and ITT stages. * Ensure that the evaluation is peer reviewed and internally moderated. * Work proactively and effectively with the financial and insurance advisers to facilitate an integrated final evaluation report. * Address uncertainties and risk in the OFTO regime where it will deliver value to consumers; and * Provide Ofgem with any technical advice necessary.
Scope
- Reference
- MT231394
- Total value
- £99,670 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 13 Feb 2024 to 12 Feb 2027
- CPV classifications
- 72221000 72224000 79400000 79410000 79412000
- Particular suitability
- Small and medium-sized enterprises (SME)
Submission & procedure
- Submission deadline
- 01 Jan 2024, 12:00 am
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£100k
Award date
12 Feb 2024
Contract start
13 Feb 2024
Contract end
12 Feb 2027